Business on Main Street. Business on Wall Street During the COVID-19 Pandemic

Business in the COVID-19 pandemic - Navigating the common challenge of a shared unknown. 

Dave Parker, Manager, Amante Gourmet Pizza: E. Main Street, Carrboro, NC discusses the challenges that faced this 30 year successful restaurant from the inception of the phased lock down to present.  

From adaptations to food prep and customer interaction, the restaurant has stayed in business and kept customers while other restaurants on the same Main Street were not able to.  Dave discussed a collaboration that some restaurants in the area coordinated - allowing customers to drive into the parking lot on Main and have food place in their trucks from multiple participating restaurants.

Tim Hucks, President of Rising Tide Incorporated, Financial Planning & Investment firm in Chapel Hill, NC discussed the impact of the COVID-19 pandemic on Wall Street and the corporations listed on the stock market. He brought his nearly 40 years of professional financial experience to the conversation, comparing his memory of the impact of the oil embargo of the 80's to the excess oil supply today that is complicated by an inner country fight for control between Russia & The Middle Eastern cartels. 

Tim discussed the options that this pandemic may effect on both the stock market and the economy - distinguishing between the two. He states that the stock market may have neither a V or U recovery, but rather a more jagged W experience with many legs of change. 

Both men shared the same caveat to their thoughts on how the country will recover - as being governed by the unknown time it will take for a vaccine and for safety & certainty to be re-established in both public consumption and stock market stability.